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Author Topic: Bitcoin traders, why don't you just trade forex?  (Read 25194 times)
fearcoka
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May 02, 2018, 05:29:49 AM
 #381

I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill.  It makes me wonder, why don't you guys just trade real forex?  You can open micro accounts with as little as $25.  You get security far better than these shady exchanges.  You get real customer service with a real business that won't disappear and leave you only an email address to cry to.  You get real trading platforms with reliable data, not some ghetto hack stuff.  You get plenty of liquidity, which allows of smooth trading.  And, best of all, you don't have to worry whether it's legal or not!  Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
I think you should not trade bitcoin in forex risk very high and very dangerous for those who do not have much experience, in addition to the market in recent days are constantly fluctuating and difficult to guess, so the bill the risk will increase. Therefore I advise you not to trade bitcoin the forex side will be very dangerous for you.
Do you understand the meaning of Forex trading and Bitcoin trading in this thread? He said about the security of Bitcoin exchange since 2011, when the hacker can attack those Bitcoin exchanges easier than current many much. Finally, as he said, MtGox exchange killed by the hacker and its owner in 2013. So, in my opinion, choose trusted Forex services to trade Bitcoin/USD pair isn't a bad choice, instead of current cryptocurrency exchanges.

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
alvinmtp
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May 02, 2018, 06:02:01 AM
 #382

I guest there some people who trade in altcoin exchange already trade with forex same with btc or altcoin the most people like altcoin exchange because of volatility of price you will easyly gain profit in that in shortime of waiting. Tried to do it once, and it seems that it's just a far different environment than what we have at crypto trading, and I have lost some money from trading forex a year ago and right now I only do binary forex trading
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May 02, 2018, 06:21:52 AM
 #383

I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill.  It makes me wonder, why don't you guys just trade real forex?  You can open micro accounts with as little as $25.  You get security far better than these shady exchanges.  You get real customer service with a real business that won't disappear and leave you only an email address to cry to.  You get real trading platforms with reliable data, not some ghetto hack stuff.  You get plenty of liquidity, which allows of smooth trading.  And, best of all, you don't have to worry whether it's legal or not!  Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?


I prefer Bitcoin because it can not be false or duplicate.

Forex is the same thing with gambling, because forex is when we do not exactly choose to sell / buy then our money will be eroded out.

it's different with Bitcoin, when Bitcoin goes down, it stays that way and that downs its Dollar estimate alone.
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May 02, 2018, 06:30:52 AM
 #384

I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill.  It makes me wonder, why don't you guys just trade real forex?  You can open micro accounts with as little as $25.  You get security far better than these shady exchanges.  You get real customer service with a real business that won't disappear and leave you only an email address to cry to.  You get real trading platforms with reliable data, not some ghetto hack stuff.  You get plenty of liquidity, which allows of smooth trading.  And, best of all, you don't have to worry whether it's legal or not!  Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
Maybe if you think it's unsafe it's to be safe for someone else, you know that everyone has their respective views so the difference is possible. I am trading cryptocurrency because in my opinion it is easier than forex, safe is relative so depends on the user itself.

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Opnsrc
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May 02, 2018, 03:29:25 PM
 #385

Crypto-trading is much way easier and safer than forex, and I believe in bitcoin's value after a few of years.

It also gives more fun and much profit. I will never change crypto trading for Forex. I know enough about the market of the cryptocurrency to work here.
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May 02, 2018, 03:35:07 PM
 #386

I was planing to do trade in forex also in the future maybe if i have enough capital to start with forex. I need to do study first in forex because seem like a bit deferent than crypto platform.

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May 02, 2018, 03:40:43 PM
 #387

Crypto-trading is much way easier and safer than forex, and I believe in bitcoin's value after a few of years.

It also gives more fun and much profit. I will never change crypto trading for Forex. I know enough about the market of the cryptocurrency to work here.

I think forex is more faster to earn money if you know how to do in forex trading but if you dont know your money lose also very fast. I will still choose crypto trading a bit more easy than forex and all you just have to do is patiently wait.

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May 02, 2018, 03:43:14 PM
 #388

I think there are definatelly many forex traders, who came here to a crypto market and begun to use their forex experience to trade.
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May 02, 2018, 03:56:16 PM
 #389

Honestly, I prefer to choose trading of cryptocurrency than trade of forex
Trading of forex is very risky than Trade of crypto and Trading of crypto is profitable. but it depend on your skill too.

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May 02, 2018, 05:16:44 PM
 #390

Forex trading seems cool idea to intraday trading but we can't do holding for long period because we all know that from Forex  we can't have huge profit.
Cryptocurrency trading can give you huge profit as well as can give huge loss also. but Forex only better if you don't want to take too much risk then Forex will be good place to invest.

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May 02, 2018, 06:30:07 PM
 #391

I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill.  It makes me wonder, why don't you guys just trade real forex?  You can open micro accounts with as little as $25.  You get security far better than these shady exchanges.  You get real customer service with a real business that won't disappear and leave you only an email address to cry to.  You get real trading platforms with reliable data, not some ghetto hack stuff.  You get plenty of liquidity, which allows of smooth trading.  And, best of all, you don't have to worry whether it's legal or not!  Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

Because forex brokers do not act on best interests of their clients, fees/slippage are too high, you don't have access to full order-book etc ...

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May 02, 2018, 07:00:07 PM
 #392

I holding both. first one to sell is my forex.
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May 03, 2018, 01:33:57 AM
 #393

I think forex more danger and have a very high risk, I prefer to avoid playing forex because the movement of forex is also not very clear due to what the ups and downs while cryptocurrency more up and down in the cause by what.
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May 03, 2018, 02:38:49 AM
 #394

In trading for you, and you are willing to put up a relatively small dollar amount and earn a small amount of dollars in return. Also as others show, it is filled with inexperienced traders like you who have no experience in the market. Do not trade in traditional forex or Bitcoin but my impression is if you trade in traditional forex you will compete with many big players with more information or benefits than you have.
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May 03, 2018, 03:13:33 AM
 #395

I think forex more danger and have a very high risk, I prefer to avoid playing forex because the movement of forex is also not very clear due to what the ups and downs while cryptocurrency more up and down in the cause by what.

Not that danger and obviously if you have to trade with forex you must know it like cryptocurrency before trading. Subsequently, forex had difference in trading that many novice traders aren't aware and it is more difficult to trade if you haven't enough skills in making trade.

 
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May 03, 2018, 04:30:27 AM
 #396

Forex trading seems cool idea to intraday trading but we can't do holding for long period because we all know that from Forex  we can't have huge profit.
Cryptocurrency trading can give you huge profit as well as can give huge loss also. but Forex only better if you don't want to take too much risk then Forex will be good place to invest.

The idea of gaining a lots of earnings is more likely done inside crypto trading than forex nowadays, more people who understand and see the potentials of crypto are already placing their investment and wait till they reach their target profits, we do need to select the possibilities of gaining much bigger roi as both of  the platform can possibly give us that outcome, its just need to find our interest and use our knowledge and skills.
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May 03, 2018, 05:21:01 AM
 #397

I do not dare to trade in forex because I think the coin in the forex is not very clear the movement so that the price of moving in forex is very terrible and could be just a price manipulation of some players who have very large capital, better play cryptocurrency than forex .

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May 03, 2018, 05:37:38 AM
 #398

I do not dare to trade in forex because I think the coin in the forex is not very clear the movement so that the price of moving in forex is very terrible and could be just a price manipulation of some players who have very large capital, better play cryptocurrency than forex .

The movement in crypto is way better than that of forex as those currencies are being regulated so it can rise to an extent only . So if some one has to make money than you need to invest in crypto currency and it will give you a best return than any other things.

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May 03, 2018, 08:12:04 AM
 #399

I like both forex Trading and Bitcoin trading also, But the main thing is the Bitcoin latest technology and new altcoins and ICOs are becoming more and more interest able and the latest technology attract the peoples more and more that,s why the main focus is Bitcoin trading,
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May 03, 2018, 09:42:53 AM
 #400

I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill.  It makes me wonder, why don't you guys just trade real forex?  You can open micro accounts with as little as $25.  You get security far better than these shady exchanges.  You get real customer service with a real business that won't disappear and leave you only an email address to cry to.  You get real trading platforms with reliable data, not some ghetto hack stuff.  You get plenty of liquidity, which allows of smooth trading.  And, best of all, you don't have to worry whether it's legal or not!  Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
You can see that the crypto market is fluctuating continuously and very difficult to guess, bitcoin prices in recent days are adjusting continuously although the market is up trend but bitcoin prices are still bearish. in the long term. So I believe you should trade at this point and not trade forex very risky and need very deep professional knowledge to trade there.
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